IDC Financial Insights recognizes CSI as a top Fintech provider for the 11th consecutive year
Get instant notifications when there is news about your stocks. Claim a 1-week free trial to StreetInsider Premium here.
PADUCAH, Ky.–( BUSINESS WIRE )– Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end fintech and regtech solutions, has been named by IDC Financial Insights as a ” 2022 “IDC FinTech Rankings” for 11th consecutive year The annual ranking highlights the top 100 global technology providers in the industry.
Rising seven places from last year’s ranking and nine since the 2020 ranking, CSI appears at No. 51 on the list of vendors, which were evaluated based on their calendar year revenue from financial institutions for hardware, software or services. During the financial year, CSI continued to work with community financial institutions to enable a seamless banking experience, expanding its footprint across the country to deliver first-class service and a leading suite of fintech, regtech and cyber security solutions.
“We are honored to be named one of the top global technology providers by IDC Financial Insights,” said David Culbertson, CSI’s president and CEO. “We remain steadfast in our mission to provide our community financial institutions with cutting-edge technology to drive their growth and meet the needs of their digital-first customers.”
The annual report features vendors that provide the technology backbone of the financial services industry – one that IDC Financial Insights estimates will account for an estimated $590 billion in IT spending by 2025. In addition, the “IDC FinTech Rankings” serve as a resource for financial institutions as they navigate the industry landscape and evaluate third-party solutions .
“The 125 companies represented in our ‘IDC FinTech Rankings’ provide the innovation, efficiency and scale for the industry to succeed in a digital-first world,” said Marc DeCastro, research director, IDC Financial Insights. “When it comes to delivering financial insight services technology solutions, these organizations currently capture close to 60% of total hardware, software and services consumption, which continues to provide significant opportunities for growth as well as new and emerging vendors to compete about the rest.”
Click here to view or download the report on this year’s findings. For more information about CSI, visit www.csiweb.com.
About Computer Services, Inc.
Computer Services, Inc. (CSI) provides core processing, digital banking, managed cyber security, cyber security compliance, payment processing, distribution of printed and electronic documents, and regulatory compliance solutions to financial institutions and corporate clients, both foreign and domestic. Management believes exceptional service, dynamic solutions and superior results are the foundation of CSI’s reputation and have resulted in the company’s inclusion in such top industry-wide rankings as IDC Financial Insights FinTech 100, Talkin’ Cloud 100 and MSPmentor Top 501 Global Managed Service Providers lists. CSI has also been recognized by Aite-Novarica Group, a leading industry research firm, for providing the “best user experience” in its AIM evaluation: The Leading Providers of US Core Banking Systems. For more information, visit csiweb.com.
See the source version at businesswire.com:
Laura Sewell
For CSI
270-349-9212
Callie Neatherlin
For CSI
[email protected]
Source: Computer Services, Inc.
